Tag : trading updates
The first of three new stores for premium multibrand retailer Flannels will open this month in a vacant Sports Direct store in Plymouth.
What a start to 2016! Second week into the year and we’ve seen a chief executive depart, a series of administrations – as both Atterley and Hawick Knitwear succumbed to the pressures of a difficult economic environment – and a plethora of mixed Christmas trading results.
Shoe Zone is to trial a “big box” out-of-town format, boosting its own-label offer with branded products priced up to £50.
JD Sports eyes global expansionSubscription
JD Sports is moving closer to its goal of moving outside of Europe for the first time, the retailer’s chief financial officer Brian Small said today.
Bonmarché sales up 3% but stores struggleSubscription
Value womenswear retailer Bonmarché continued to struggle with sales across its 310 stores in the 13 weeks to December 26, with like-for-likes down 1.3%
John Lewis readies for cold snap as sales riseSubscription
Fashion continues to deliver a strong set of results for John Lewis, which has reported sales of £99.5m for the week to January 9, up 15.6% year on year.
Creditors fret over Blue Inc administrationSubscription
Suppliers and landlords of young fashion chain Blue Inc have expressed concern over the impending administration of the retailer’s subsidiary, A Levy & Son.
Sales at Zalando grow 33% in 2015Subscription
Zalando has finished 2015 with a strong fourth quarter, posting 30% growth in sales to €865m-€872m (£658m-£663m) and adjusted EBIT of €61m-€78m (£46m-£59m) in its preliminary results.
High street fashion sales bounced back in January, posting a year-on-year rise of 1.9%, BDO’s monthly tracker shows.
Retailers hail positive start to yearSubscription
Fashion retailers enjoyed an “encouraging” start to the year as the January Sales prompted shoppers to stock up on winter clothing, but warned a return to full price and the introduction of spring lines will be the true test of the market over the coming weeks.